Switzerland’s Federal Council has started a consultation on revisions to the Banking Act and the Liquidity Ordinance, advancing a set of post-Credit Suisse reforms for the banking sector.

The deal is expected to close in the first quarter of 2027, pending regulatory approvals. Credit: Piotr Swat/ Shutterstock.com. Goldman Sachs has agreed to acquire NEOS Investments, a firm focused on ...

The transaction is Merit’s 61st acquisition and its ninth partnership of 2026. Credit: Indypendenz/ Shutterstock.com. Merit Financial Advisors has acquired The Bridgeway Group, a wealth management ...

Net revenue for the asset & wealth management arm of Goldman Sachs in 2024 was $16.14bn, 16% up on 2023. This was attributed to higher net revenues in equity investments and higher management fees.

According to BNN Bloomberg, Lai will join in the upcoming months and take on the role of chairman of origination and advice for Asia in the investment bank. Following Credit Suisse’s acquisition by ...

Valley Financial Group, an independent wealth management practice based in Pennsylvania, is set to be acquired by Hightower Signature Wealth, Hightower’s fully integrated national wealth management ...

Fiduciary Trust Company has appointed Doris Meister as its president and chief executive, replacing Austin Shapard.

F.N.B. Corporation has widened its wealth management services for ultra-high-net-worth clients by adding more specialised advisory capabilities and related financial solutions.

Hong Kong is considering extending planned tax reforms for the investment industry to proprietary trading firms, the FT reported.

Robinhood is starting a crypto trading service in the UK through Bitstamp UK, allowing users to buy and sell digital assets in the same app used for stocks and shares ISAs, equities, options and ...

Northern Trust has collaborated with Lukka to add a digital asset reporting function to its services, widening client access to digital asset information.